BTC Dead?
BTC DEAD 2010/2018
LOL just messing with you all. BTC will never die. Is it time to Cost Avg your position??
Are you buying anything yet?
Do you have a portfolio that is able to stand up to the market corrections?
Lets start a discussion and see where the market is going.
I still feel the market has room to exhaust more sell pressure. Hopefully finding support in the 3500 area. If this fails to hold I expect to see a drop to the 3000 zone with support holding below in the high 2000 zone and then again below 1400. This is a huge force of pressure. OR very little resistance.
If someone like CSW or RV are selling off a lot of BTC we would expect to see heavy sells followed by strong buys. Causing a short squeez and higher spikes in prices. This would be followed by very strong sells, due to a whip saw effect from leveraged markets.
Stay frosty my Steem Family. Keep your grip tight and that finger on the sell button.
Remember Your Stop Loss is my Bid!!
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Not even close. 360 days into a bear cycle. The last bear before the epic run-up was 600 days.
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Agree I dont feel the market is ready for a bull run. Its still too hurt over the last bull run. A lot of people lost a lot of money. I don't think a lot of them will come back. they where scared away for good. But the next big thing something bigger then Bitconnect lending style platforms and Cloud Minning.
They will be back. Most people buy high and sell low. When the media discovers bitcoin again, they will come back. It's easy money in alot of people's eyes.
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Easy come easy go. Keep you grip tight and you eye on the moon!
This is really close to my Low from ATH prediction. I could see the price coming back a little earlier, But this would take some time. to see more adoption. With price swings like this we could say good bye to the chance of any ETF getting approved. Too much manipulation?
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